Fed Makes Initial Purchases in Its First Corporate Debt Buying Program
May 12, 2020 - The New York Times covered Economic Liberties’ concerns regarding Federal Reserve bailouts for big corporations like Boeing.
Economic Liberties Launches New Website and Welcomes Nine New Members to its Team
May 12, 2020 - The American Economic Liberties Project, which launched in February to advance a growing, cross-ideological movement to combat monopolies and the systems that entrench their power, today launched a new website and welcomed nine new members to its team: Pat Garafolo, Denise Hearn, Leah Hunt Hendrix, Laleh Ispahani, Nia Johnson, Robyn Shapiro, Maureen Tkacik, Lori Wallach, and Kate Yeager.
Fresh heat for food delivery giants
May 8, 2020 - "Some of Washington’s most powerful progressive advocacy groups,” led by the American Economic Liberties Project, demanded Congress include a temporary ban on mergers in the next coronavirus relief package.
Wall Street-Friendly Lawmakers Sought Bailout For Shady Lenders
May 8, 2020 – With a bipartisan group of lawmakers working to secure federal assistance for a host of controversial financial reforms, HuffPost talked with Economic Liberties’ Research Director Matt Stoller and Senior Fellow Graham Steele about why the Federal Reserve should not lend to subprime consumer and small business lenders or private equity firms.
25+ National & State Orgs Urge Congress to Pass the Pandemic Anti-Monopoly Act
May 8, 2020 - As large corporations and predatory financiers seek to exploit the global pandemic and further concentrate their economic and political power, 27 national and state organizations today sent a letter to Speaker Nancy Pelosi and Minority Leader Chuck Schumer, urging them to include the Pandemic Anti-Monopoly Act in the next COVID-19 relief package.